Here is this month’s How’s the Market??? Snapshot. If you saw last month’s Snapshot you will notice that our local real estate trends show median prices are still creeping up, its just taking a little longer for homes to sell! If you would like more detailed information about how much your home is now worth after the Real Estate Crash, send me an email, text, or call me. I’ll be more than happy to provide you with a Free, no obligation report of what its worth and things you can do to improve the value of your home.

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.

Housing Inventory Snapshot

March 31, 2016

Average List Price

30 Days Trend

Median List Price

30 Days Trend

Average DOM: active

30 Days Trend

Number of Listings

Los Angeles County, CA

Single Family under $1M

$577,104

4.57%

$559,000

5.67%

65

-7

7002

Single Family over $1M

$3,601,488

-0.92%

$2,095,000

0.29%

87

-7

4791

Condo/Townhome under $600K

$390,169

0.84%

$389,000

0.26%

61

-3

1849

Condo/Townhome over $600K

$1,277,128

-0.52%

$899,000

0.01%

61

-3

1294

Riverside County, CA

Single Family under $500K

$334,726

1.41%

$339,000

1.50%

82

-3

5718

Single Family over $500K

$1,594,716

0.22%

$930,000

1.09%

102

-5

5765

Condo/Townhome under $300K

$205,773

-0.39%

$212,000

-1.17%

117

9

1233

Condo/Townhome over $300K

$569,457

5.95%

$469,000

4.45%

93

3

1411

San Bernardino County, CA

Single Family under $500K

$290,247

1.31%

$288,000

2.86%

93

-5

4314

Single Family over $500K

$1,772,663

-0.24%

$988,800

2.47%

96

-11

3420

Condo/Townhome under $300K

$205,067

2.97%

$225,000

4.65%

75

-7

228

Condo/Townhome over $300K

$696,569

7.37%

$599,000

9.01%

44

-3

622

Orange County, CA

Single Family under $1M

$755,087

3.26%

$749,000

3.47%

61

-7

4133

Single Family over $1M

$3,562,601

-2.19%

$2,288,000

-0.31%

97

-12

2555

Condo/Townhome under $600K

$406,851

0.48%

$412,000

0.49%

57

-3

1271

Condo/Townhome over $600K

$1,034,862

-3.03%

$848,500

2.86%

56

-3

810

If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.